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With Form 8962, you are reconciling the tax credit you are entitled to with any advance credit payments (or subsidies) for the tax year. The size of your tax credit depends on the cost of ...
Form 8962, the Premium Tax Credit (PTC) must be filed with a 1040 income tax return by individuals who already received advance subsidies through a healthcare exchange. The form was released by the IRS on November 17, 2014, without accompanying instructions. [13] Form 8965, Health Coverage Exemptions [14] [15]
As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ – see below for explanations of each) used for such returns.
Form 1095 is a collection of Internal Revenue Service ... Form 1095 is also used to fill out Form 8962 (premium tax credit) and Form 8965 (health coverage exemptions).
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[79] [80] This practice of publishing April Fool's Day RFCs is specifically acknowledged in the instructions memo for RFC authors, with a tongue-in-cheek note saying: "Note that in past years the RFC Editor has sometimes published serious documents with April 1 dates. Readers who cannot distinguish satire by reading the text may have a future ...